Probiogen Successfully Completes Research Collaboration for the Creation of a New Human Cell Line for Merck & Co., Inc.
The cell line is derived from a living healthy adult donor with a complete medical history who has fully consented to use of material for this purpose. ProBioGen created the cell line as part of an agreement with Merck that was signed in December 2001. Under the terms of the agreement, ProBioGen received a milestone payment for the delivery of the new cell line and is eligible for a further milestone payment based upon enhancing the properties of the cell line for use in development of biological products. ProBioGen would be eligible for royalty payments should these biological products be marketed.
"We are very proud to have successfully created this new cell line in such a short time despite the high risks involved in this field of research," said Michael Schlenk, CEO of ProBioGen. "This project has underpinned the calibre of our R&D team in specialized cell line development."
"We have enjoyed a stimulating interaction with ProBioGen in developing this new cell line and are pleased that the project has successfully met the challenging goals of the research collaboration," said John Shiver, Ph.D., vice president of vaccine and biologics research at Merck.
Most read news
Topics
Organizations
Get the life science industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.